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TechNewsWorld: Asian Governments Team on Linux Industrial Policy

Apr 06, 2004, 12:15 (0 Talkback[s])
(Other stories by Gene J. Koprowski)

[ Thanks to Jason Greenwood for this link. ]

"Industrial policy has long been discredited as an economic strategy in the United States, but not in Asia.

"The government of Japan, for example, has always worked closely with companies in IT and consumer electronics to influence corporate winners and losers, but the results have been exceptionally spotty.

"While Japan had some major successes in the 1970s, the country has yet to emerge from an economic meltdown that started in the early 1990s, despite plenty of government intervention..."

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